DELHI: State Bank of India today extended the last date for special home loan scheme offering concessional rate to women borrowers.

Under the scheme, women borrowers will get an additional 0.05 per cent concession on card rates.

The special rates were made available up to March 31 but that has been extended till further notice from the bank, SBI said in a statement.

The scheme has been extended in view of the overwhelming response received across the country.

Loans of up to Rs 75 lakh would be available to new borrowers at 10.15 per cent against the existing rate of 10.50 per cent. For women borrowers, the rate - after an additional concession of 0.05 per cent - would be 10.10 per cent.

For loans of above Rs 75 lakh, the new rate would be 10.30 per cent. For women borrowers it is 10.25 per cent.

This scheme is valid for women as sole applicants or the first of the co-applicants as also for the sole or the first of the co-owners of the property.

In October, SBI had reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival season demand.

DELHI: Indians always await an auspicious time to conduct financial transactions, especially the purchase of assets including real estate — so, what time would be more opportune than festival seasons like Navaratra in March-April and in October-November, which extends up to Diwali and further on to Christmas.

DELHI: International Property Show (IPS) beginning here this week will have a large Indian participation under the umbrella of the National Real Estate Development Council (NAREDCO), a leading real estate body in India.

DELHI: A 1992 notification of the ministry of environment and forests (MoEF) has proved spoiler in the protection of Aravalis in Faridabad and has paved the way for real estate players to eye these areas. This also seems to have given a free hand to the Haryana government to issue approvals for non-forest activities in these areas.

DELHI: Sahara chief Subrata Roy Thursday sought modification of the Supreme Court's March 26 order setting a condition of depositing Rs.10,000 crore, as a part payment of the investors' money that the group's two companies had collected, for his release from judicial custody.